2013 NGN to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 NGN to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the NGN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 6.2317. Conversely, the yearly low was recorded on January 24, dropping to 5.4506.
This high-to-low spread represents a total annual volatility of 0.7811 MMK. From a start-to-finish perspective, comparing the January average rate of 5.4668 to the December average rate of 6.1842, the exchange rate registered a net change of 13.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 6.2317 was up 11.82% compared to the 2012 peak of 5.5730, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
NGN to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.6319, compared to 6.0863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4544 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was May, with a trading range of 0.3854 MMK (High: 6.0153 / Low: 5.6299). On the other end, February was the most stable month, with a tight range of 0.0311 MMK (High: 5.4822 / Low: 5.4511).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0444 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2013: 6.1391) against the same month in 2012 (average: 5.4031), the exchange rate shifted by +0.7361 (+13.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.4863 | 5.4506 | 5.4668 |
| February | 5.4822 | 5.4511 | 5.4636 |
| March | 5.5830 | 5.4573 | 5.5224 |
| April | 5.6229 | 5.5423 | 5.5812 |
| May | 6.0153 | 5.6299 | 5.8204 |
| June | 6.0118 | 5.8254 | 5.9373 |
| July | 6.1171 | 6.0126 | 6.0835 |
| August | 6.1032 | 5.9513 | 6.0391 |
| September | 6.0829 | 5.9133 | 5.9955 |
| October | 6.1367 | 6.0080 | 6.0763 |
| November | 6.2317 | 6.0916 | 6.1391 |
| December | 6.2302 | 6.1331 | 6.1842 |